Examlex
Worldwide Applicance Co. put together data to measure sales performance by region of the United States. The Western region included 30% of the U.S. population and was expected to deliver a similar share of Worldwide's sales. This region ended up delivering 30% of the company's overall sales. The performance index for the Western region would be:
Demographic Departmentalization
Organizing departments based on demographic criteria such as age, gender, or income level to better target product and service offerings.
Transparency
The practice of being open and honest about company operations, decisions, and actions, ensuring accountability and building trust with stakeholders.
Hierarchy
A system or organization in which people or groups are ranked one above the other according to status or authority.
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